Friday, May 13, 2016

Hello and welcome to exampundit. Here are the Important Current Affairs for 13th May, 2016. These are important for the upcoming SBI PO Mains 2016, UIIC AO 2016 and SBI Clerk Mains 2016.

Current Affairs at a Glance – 13th May, 2016

FIFA will have its first female secretary after
Senegalese United Nations official Fatma Samoura was appointed by the governing
body's council.

Securities and Exchange Board of India (Sebi) has approved
appointment of Ashok
Chawla, former head of the Competition Commission of India (CCI), as
new
chairman of the National Stock Exchange (NSE), a spokesman at the
exchange said on Friday.

Rahul Dravidand Mahela
Jayawardene were voted in to the ICC Cricket Committee
on Friday, with the two legends adding a little more stardust to an already
power-packed group of the International Cricket Council.

Maharashtra government on 12 May 2016 declared
drought in over 29000 villages of the state, most of them in
parched Marathwada and Vidarbha regions.

The Union Cabinet chaired by
Prime Minister Narendra Modi on 12 May 2016 gave its approval to Securities and Exchange Board of India (SEBI) to
sign a Memorandum of Understanding (MoU) with Financial
Services Regulatory Authority (FSRA), Abu Dhabi.

The Kenyan Government on
11 May 2016 announced that it will close Dadaab refugee camp. The camp, which is home
to 330000 Somali refugees, is often referred to as the world's largest camp.

President Pranab Mukherjee on 12 May 2016 conferred the Florence Nightingale Awards to 35 nurses from
across the country on the occasion of International Nurses Day at the
Rashrapati Bhavan in New Delhi.

The Drowned Detective authored by Neil
Jordandepicts genre-defying
story about a private investigator who arrived in a small Eastern European city
because he was told about the opportunities opening up in former Soviet
countries.

Appointments –

Fatma Samoura Appointed FIFA's First Female Secretary General

FIFA will have its first female
secretary after Senegalese United Nations official Fatma Samoura was appointed
by the governing body's council.

Samoura will replace the fired
Jerome Valcke if she passes an eligibility check.

Also on Friday, FIFA lifted
Indonesia's suspension from world soccer. Indonesian national and club teams,
referees, and officials were banned over government interference in the running
of the national federation.

Ashok Chawla new chairman of National Stock Exchange (NSE)

Securities and Exchange Board of
India (Sebi) has approved appointment of Ashok Chawla, former head of the
Competition Commission of India (CCI), as new chairman of the National Stock
Exchange (NSE), a spokesman at the exchange said on Friday.

He is replacing S B Mathur who
stepped down upon completing his tenure. Chawla's appointment is effective from
May 3 and is valid till March 27, 2019.

The board of directors of NSE has
elected Chawla as the chairman. Prior to joining NSE, Chawla has been a civil
servant with over 40 years of experience in various sectors of the economy in
India as well as in international agencies.

Rahul Dravid and Mahela
Jayawardene were voted in to the ICC Cricket Committee on Friday, with the two
legends adding a little more stardust to an already power-packed group of the
International Cricket Council.

A day after Shashank Manohar was
confirmed as the new chairman of the ICC, Dravid and Jayawardene were locked in
for a three-year term in the Cricket Committee, a group which is represents the
current players, umpires and media.

The current captains voted in
Dravid as a representative of the players, along with Australian Tim May.
Dravid and May replace Sri Lankan legend Kumar Sangakkara, who completed his
last three-year term, and former India spinner Laxman Sivaramakrishnan.

Indian-American, Manjit Singh, appointed as member of President's
Advisory Council on Faith-Based

US President Barack Obama on 12
May 2016 appointed an Indian-American engineer, Manjit Singh, as the member of
President's Advisory Council on Faith-Based and Neighborhood Partnerships.

The announcement came along with
several other appointments made by the US President.

Singh is the President of
Agilious, a software technology consulting firm he founded in 2013.

He is the co-founder of the Sikh
American Legal Defense and Education Fund, a national Sikh American media,
policy and education organization.

India –

Maharashtra declares drought in 29000 villages

Maharashtra government on 12 May
2016 declared drought in over 29000 villages of the state, most of them in
parched Marathwada and Vidarbha regions.

The government through a
corrigendum issued from Mumbai clarified that wherever reference is made to a
'drought-like situation' in the state manual, it would be read as drought.

The
reference is made in accordance with an assurance it gave to the Bombay High
Court recently.

The state is strictly implementing
various schemes and taking measures to mitigate the water scarcity in
drought-hit areas, and more particularly in Marathwada and Vidarbha regions.

Sponsored

Finance –

Union Cabinet approves for MoU between SEBI and FSRA Abu Dhabi

The Union Cabinet chaired by
Prime Minister Narendra Modi on 12 May 2016 gave its approval to Securities and
Exchange Board of India (SEBI) to sign a Memorandum of Understanding (MoU) with
Financial Services Regulatory Authority (FSRA), Abu Dhabi.

Key features of the MoU

The MoU is for mutual
co-operation and technical assistance between the two financial regulators.

It will promote further
development of economic links and cooperation between the two signatories

It will help to create conditions
for development of securities markets in the two countries.

It would also contribute towards
strengthening the information sharing framework between the two regulators.

World –

Kenya to close Dadaab, world's biggest refugee camp

The Kenyan Government on 11 May
2016 announced that it will close Dadaab refugee camp. The camp, which is home
to 330000 Somali refugees, is often referred to as the world's largest camp.

The government cited reasons of
pressing national security for the decision. The government also stated that
the camp has become safe haven for terrorist organizations like al-Shabaab, a
Somali-based Islamist group.

Singaporean, Hong Kong terms added to Oxford Dictionary

Several Singaporean and Hong Kong
English terms, including wah, shiok and yum cha, are now officially recognised
as acceptable English.

The Oxford English Dictionary
(OED) added 19 Singaporean terms and 13 Hong Kong terms in its March quarterly
update.

The dictionary included
formations of English that are mostly used in Singapore or Hong Kong. The OED
records the meaning and development of the English language.

Some words from Hong Kong and their meaning

Yum cha – Type of Chinese brunch

Compensated dating - The practice
of teenage students providing companionship or sex in exchange for money or
gifts

President Pranab Mukherjee on 12
May 2016 conferred the Florence Nightingale Awards to 35 nurses from across the
country on the occasion of International Nurses Day at the Rashrapati Bhavan in
New Delhi.

These awards are given by Union
Ministry of Health and Family Welfare, as a mark of recognition for the
meritorious services rendered by the nurses and nursing professionals in India.

The day is celebrated worldwide
on May 12 every year to commemorate the birth day of Florence Nightingale and
to mark the nurses’ contributions towards public health.

Books & Authors –

The Drowned Detective by Neil Jordan

The Drowned Detective authored by
Neil Jordan depicts genre-defying story about a private investigator who
arrived in a small Eastern European city because he was told about the
opportunities opening up in former Soviet countries.

The story moves as the detective
sets up, along with a colleague from that country, an agency to trace missing
people and criminals.

Summary

The book’s first few pages are
about a wayward minister who cheats on his wife.

The minister is tracked by the
detective whose name is Jonathan.

One day, an elderly couple
approached Jonathan to investigate the disappearance of their daughter.